CMA cites Pensana REE refinery as strategically important

The paper entitled, ”Midstream Processing and Refining: Unlocking Security of Supply,” used Pensana’s  UK-based rare earth oxide refinery as a case study project for strengthening a domestic supply chain of critical materials.

“Pensana has commenced construction of a rare earth separation facility at the Saltend Chemicals Park in the Humber Freeport,” the 63-page CMA report states. “It will be one of only three such facilities in the world outside of China – the other two being Lynas Corporation’s facility in Malaysia and the currently being developed in the US by MP Materials.”

The company plans to ship “high purity mixed rare earth double sulphate” feedstock to the refinery from its Longonjo mine in Angola.

Pensana plc (LON:PRE) explores and mines neodymium, praseodymium, and rare earth minerals. The Company’s flagship assets are the Saltend rare earth refinery project in the United Kingdom and Longonjo neodymium and praseodymium (NdPr) Project in Angola.

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